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. we have francois hollande today speaking to the eu parliament. he's going to lay out his vision for the eu against that economic back drop. >> isn't it amazing? we come into the week yesterday with everyone still talking. you have that great barons cover, you come in, just get the risk trade massively off. and the question for today and the rest of the week is frankly whether that's a bump in the road or the start of a down trend. >> you have the front cover, these are all good contra indicators. >> sorry, media friends. but this is not exactly the best of -- >> we always have timing. on today's show, we're in zurich where we hear from the ceo of ubs about the group's outlook. the swiss bank won to a loss in the fourth quarter. >> and is we'll head out to california for a look at the next offer. it's due to be released later today. we'll be live in madrid as the spanish prime minister's party pledges to fight corruption allegations that have prompted calls for his resition naz. >> and for its to earn its annual forecast on a weaker yen, we have in-depth analysis at 10:40 cet. be
for italy's election. we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is set to unveil a plan to help its troubled dreamliner to take flight today. and we're rolling out the red carpet. we'll head to tinsel town to the biggest night in hollywood. find out which films are tipped to win big at this year's oscars. fears are mounting that an inconclusive election this weekend could undermine the euro and set back markets in italy. hans, as we edge closer to that event, polls open sunday and they close on monday. we've seen the two-day sell off. is it related to the outcome here? >> well, i think the italian election has had an impact on market performance for the past few weeks. i guess that markets became much more cautious in investing in the debt market in italy and maybe as well as the debt market in spain, the cause of the potential inflation risk here. now, if we are getting an election result which markets may like, then the very clear majority left and under those circumstances, you
. we have the composite eu gdp number, down 0.6% quarter on quarter. that's what we're looking for and this comes after a weaker than expected german number today, as well. to the extent we talked, italy contracted 0.9%, worse than expected. and revisions to france suggested that they already had a recession in the first and second quarter of 2012, as well. ur low/dollar, just hitting the lows of the session at 133.40. kelly. >> ross, let's slip through the u.s. markets. we are looking for the dow to shed about 20 points from the open. the nasdaq, dow and s&p headed lower. yesterday, we did see a lot of the european indexes hitting intraday highs. china, taiwan, vietnam still closed to celebrate the lunar new year. the nikkei has been the big mover overnight. the ftse 100 after hit ago five-year high yesterday, weaker towards the close today. gig up about a rt yeaher of 1%. interestingly, we're seeing weaker sterling and higher bond yields in the uk. not necessarily the best sign of internal dynamics for britain. germany gdp figures are down. the cac 40 down only about 0.1% tod
-claude junker says he expects the eu to real a deep on the budget today. juncker said the last of an agreement would be disastrous for the region. julia is in brussels. julia, are we going to get a budget? mr. cameron has said, look, i don't want it frozen, i want it cut. so what's going to happen? >> well, we're moving in the direction of cuts. i think the positive news is that if you compare what we were talking about in november, we've cut around 80 billion euros from the 1 trillion euro target that they were looking at back in november. so we are moving in the right direction, but with regard to the decision today, i think if you've been listening to angela merkel to david cameron himself and francois hollande this week, the indication is that perhaps we shouldn't be as optimistic as jean-claude juncker would have us believe, but someone has to fly the flag for europe and we like our posturing in europe. overall, what rewe looking at? germany, the uk, the nordic european countries are fighting for cuts, real term cuts in this whereas italy and france would rather have it held steady. even
Search Results 0 to 3 of about 4

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